Virtus Alpha Simplex Managed Futures ETF (NYSEARCA:ASMF – Get Free Report) saw a large increase in short interest in the month of April. As of April 15th, there was short interest totaling 15,113 shares, an increase of 24.9% from the March 31st total of 12,103 shares. Based on an average daily volume of 4,895 shares, the days-to-cover ratio is presently 3.1 days. Currently, 1.3% of the shares of the company are sold short.
Virtus Alpha Simplex Managed Futures ETF Stock Performance
Shares of NYSEARCA:ASMF traded down $0.01 on Friday, hitting $25.83. 4,967 shares of the company were exchanged, compared to its average volume of 8,765. The company’s 50 day moving average price is $25.60 and its two-hundred day moving average price is $24.66. Virtus Alpha Simplex Managed Futures ETF has a one year low of $22.07 and a one year high of $26.43. The firm has a market capitalization of $31.00 million, a price-to-earnings ratio of 15.22 and a beta of 0.27.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in ASMF. Jane Street Group LLC increased its holdings in shares of Virtus Alpha Simplex Managed Futures ETF by 136.9% during the 1st quarter. Jane Street Group LLC now owns 30,394 shares of the company’s stock worth $706,000 after purchasing an additional 17,565 shares during the period. A&I Financial Services LLC bought a new position in shares of Virtus Alpha Simplex Managed Futures ETF during the 3rd quarter worth about $8,749,000. Finally, Abbington Investment Group bought a new position in shares of Virtus Alpha Simplex Managed Futures ETF during the 3rd quarter worth about $2,163,000.
About Virtus Alpha Simplex Managed Futures ETF
The Virtus Alphasimplex Managed Futures ETF (ASMF) is an exchange-traded fund that mostly invests in global macro alternatives. The fund is an actively managed alternative fund that uses trend-following models and risk management approaches to capture opportunities in futures contracts of various asset classes. ASMF was launched on May 15, 2024 and is issued by Virtus Investment Partners.
Recommended Stories
Receive News & Ratings for Virtus Alpha Simplex Managed Futures ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Virtus Alpha Simplex Managed Futures ETF and related companies with MarketBeat.com's FREE daily email newsletter.
